Tether has minted an additional 2 billion USDT on Ethereum
According to Whale Alert monitoring, Tether Treasury minted an additional 2 billion USDT on Ethereum around 6:08 Singapore time. Tether CEO Paolo Ardoino commented that this is an authorized but unissued transaction, meaning it will be used as inventory for the next issuance request and on-chain exchange.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Addresses holding 11 and 19 BTC respectively activated after being dormant for 10.6 years
Market leverage surges, Ethereum shorts reach historic high
Musk: Insane government spending is driving the United States into bankruptcy
The reserve value of Satoshi Nakamoto's Bitcoin may exceed 108 billion US dollars